Nonprofit planning disability housing in Franklin receives $30M
Photo | Courtesy of Amego, Inc. and MassDevelopment
A rendering of the propose Amego School housing development in Franklin.
MassDevelopment, the state’s finance and development agency, has issued a $30 million tax-exempt bond on behalf of Amego Inc., an Attleborough nonprofit which serves with autism spectrum disorders and other developmental disabilities, to build six new residential facilities on a 52-acre parcel in Franklin, according to a Monday announcement.
The buildings, slated for lot 31B Washington St., will house 47 students between the ages of eight and 22 who attend the nearby Amego School, according to MassDevelopment.
Funds will also go toward refinancing previously issued debt.
The six new facilities will include three single-story, ADA-accessible buildings and three two-story buildings, ranging in size from 2,800 to 3,600 square feet, according to the announcement. Each will include seven bedrooms and at least three bathrooms, as well as office space and medication administration space.
Additionally, the project will include building a road, parking area, green space, play area, outbuilding, septic, water and emergency services access.
Clarification: A previous version of this story's headline made it appear as though all $30 million issued to Amego Inc. would go toward a housing development. In reality, $10 million will go toward the housing project, with the rest allocated for debt.
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